Protecting TPLF From Abuse Act
Congress targets third-party lawsuit funding with new disclosure rules for who profits from civil cases
Legislative Progress
Key Points
- People in civil lawsuits would have to tell the court and the other side who will get paid if the case wins or settles, if that payment depends on the outcome.
- They would also have to give the judge the funding agreement to review privately, then share it with the other side, with protections the judge can order (like redacting privileged info).
- The bill tries to protect privacy for donors and members of groups behind the funding, unless those donors or members also have a right to get paid from the case.
- Some arrangements would not trigger disclosure, like simple loan repayment, limited-interest loans, paying back attorney fees already paid, or repaying a grant.
- These rules would apply not just to new cases, but also to civil lawsuits already in progress when the law takes effect.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Referred to the House Committee on the Judiciary.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Related News
5 articles
Another litigation funding bill stalls in Congress
Reuters reports the House Judiciary Committee debated H.R. 7015 (Protecting Third Party Litigation Funding From Abuse Act) but ended without a vote, amid concerns it was overly broad and could affect access to justice.
APCIA Backs Federal Bill to Require Litigation Funding Disclosure
Covers insurer trade group APCIA’s support for H.R. 7015 and summarizes the bill’s court disclosure requirements for parties and funding arrangements tied to case outcomes.
APCIA backs federal bill requiring disclosure of third-party litigation funding arrangements
Reports on APCIA’s backing of the Protecting Third Party Litigation Funding From Abuse Act and describes proposed disclosure of funding arrangements in civil litigation.
Source Information
Document Type
Congressional Bill
Official Title
Protecting TPLF From Abuse Act
Data Sources
Sponsor
Cosponsors
(2)Analysis generated by AI. Always verify with official sources.